Range Resources price target raised to $30 from $29 at Mizuho

Mizuho raised the firm’s price target on Range Resources to $30 from $29 and keeps a Neutral rating on the shares. The analyst expects a "modest" EBITDA miss in Q1 but says Range’s steady operating model gives it flexibility to maintain activity. Although not immune from lower natural gas prices, Range should maintain its 2023 operating plan, the analyst tells investors in a research note.